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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) OCTOBER 29, 1996
KAUFMAN AND BROAD HOME CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
DELAWARE 1-9195 95-3666267
(STATE OR OTHER JURISDICTION (COMMISSION FILE NUMBER) (IRS EMPLOYER
OF INCORPORATION) IDENTIFICATION NO.)
10990 WILSHIRE BOULEVARD, LOS ANGELES, CALIFORNIA 90024
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(310) 231-4000
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
NOT APPLICABLE
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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FOR RELEASE TUESDAY, OCTOBER 29, 1996 For further information:
Dennis Welsch - Investors
(310) 231-4010
Greg Romano - Media
(310) 231-4253
KAUFMAN AND BROAD FILES UNIVERSAL SHELF REGISTRATION
LOS ANGELES (OCTOBER 29, 1996) -- Kaufman and Broad Home Corporation
(NYSE:KBH) today announced it has filed a universal shelf registration
statement with the Securities and Exchange Commission for up to $300 million of
the Company's debt and equity securities. The Company's outstanding shelf
registration for debt securities in the amount of $100 million will be subsumed
within the universal shelf registration.
The securities may be offered from time to time by the Company in one
or more series and in the form of senior, senior subordinated or subordinated
debt, preferred stock, common stock and/or warrants to purchase such
securities. The Company said it has no immediate plans to issue any securities
but believes that it should be in a position to take timely advantage of market
opportunities.
The registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold, nor may offers to buy be accepted, prior to
the time the registration statement becomes effective. This communication
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these
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securities in any state in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws
of any such state.
If the Company decides to proceed with an offering, it currently
intends to use the proceeds from the sale of such securities, for general
corporate purposes and repayment of debt including its $630 million revolving
credit facility.
In the event of any offering under the universal shelf registration
statement, a copy of the related prospectus supplement may be obtained at the
time of such offering from Investor Relations, Kaufman and Broad Home
Corporation, 10990 Wilshire Boulevard, Los Angeles, California 90024.
Los Angeles-based Kaufman and Broad Home Corporation is the largest
home builder in the West with 15 operating divisions in California, Arizona,
Nevada, Colorado, Utah, New Mexico, and Texas. The Company is also among the
largest builders in metropolitan Paris, France.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated October 29, 1996
KAUFMAN AND BROAD HOME CORPORATION
Registrant
/s/ MICHAEL F. HENN
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Michael F. Henn
Senior Vice President and
Chief Financial Officer
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